What Will Happen to American Airlines Group Inc Next? The Stock Just Had Huge Bullish Options Activity

 What Will Happen to American Airlines Group Inc Next? The Stock Just Had Huge Bullish Options Activity

In today’s session American Airlines Group Inc (AAL) registered an unusually high (1,675) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious AAL increase. With 1,675 contracts traded and 80684 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: AAL161021C00040000 closed last at: $0.31 or 24% up. The stock decreased 0.19% or $0.07 during the last trading session, hitting $37.63. About 9.07M shares traded hands or 17.49% up from the average. American Airlines Group Inc (NASDAQ:AAL) has declined 9.87% since March 1, 2016 and is downtrending. It has underperformed by 19.12% the S&P500.

Analysts await American Airlines Group Inc (NASDAQ:AAL) to report earnings on October, 28. They expect $1.53 EPS, down 44.77% or $1.24 from last year’s $2.77 per share. AAL’s profit will be $834.73M for 6.15 P/E if the $1.53 EPS becomes a reality. After $1.77 actual EPS reported by American Airlines Group Inc for the previous quarter, Wall Street now forecasts -13.56% negative EPS growth.

American Airlines Group Inc (NASDAQ:AAL) Ratings Coverage

Out of 16 analysts covering American Airlines Group (NASDAQ:AAL), 7 rate it a “Buy”, 3 “Sell”, while 6 “Hold”. This means 44% are positive. American Airlines Group has been the topic of 26 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of American Airlines Group Inc (NASDAQ:AAL) earned “Overweight” rating by Morgan Stanley on Thursday, April 28. The firm earned “Equal-Weight” rating on Tuesday, March 29 by Stephens. Imperial Capital initiated it with “In-Line” rating and $40 target price in Friday, August 26 report. The stock of American Airlines Group Inc (NASDAQ:AAL) earned “Reduce” rating by HSBC on Wednesday, November 25. The stock has “Underperform” rating given by Credit Suisse on Wednesday, July 6. The firm earned “Buy” rating on Monday, October 12 by Deutsche Bank. Vetr downgraded American Airlines Group Inc (NASDAQ:AAL) on Thursday, August 27 to “Strong-Buy” rating. The company was downgraded on Wednesday, September 21 by Raymond James. On Tuesday, August 11 the stock rating was upgraded by Zacks to “Solid Sell”. The rating was upgraded by UBS to “Buy” on Wednesday, January 27.

Insitutional Activity: The institutional sentiment decreased to 0.6 in 2016 Q2. Its down 0.02, from 0.62 in 2016Q1. The ratio worsened, as 111 funds sold all American Airlines Group Inc shares owned while 206 reduced positions. 40 funds bought stakes while 150 increased positions. They now own 384.56 million shares or 8.83% less from 421.82 million shares in 2016Q1.
Huntington Fincl Bank has invested 0% of its portfolio in American Airlines Group Inc (NASDAQ:AAL). The Japan-based Mizuho Tru Bk Limited has invested 0.02% in American Airlines Group Inc (NASDAQ:AAL). Guardian Life Ins Com Of America holds 2,261 shares or 0% of its portfolio. Daiwa Securities Group Inc Inc holds 40,490 shares or 0.01% of its portfolio. First Mercantile Trust owns 6,689 shares or 0.02% of their US portfolio. Westport Resource Mngmt owns 2,300 shares or 0.02% of their US portfolio. Exane Derivatives accumulated 0% or 12,141 shares. Cetera Advisor Networks Limited Liability, a California-based fund reported 17,968 shares. Jane Street Group Inc Ltd last reported 148,369 shares in the company. Panagora Asset Mgmt last reported 520,521 shares in the company. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 0.01% or 16,998 shares. Moreover, Highland Mngmt Llc has 0.13% invested in American Airlines Group Inc (NASDAQ:AAL) for 53,662 shares. Levin Cap Strategies L P last reported 0.01% of its portfolio in the stock. Bnp Paribas Partners Sa last reported 0.01% of its portfolio in the stock. Keybank National Association Oh holds 0% of its portfolio in American Airlines Group Inc (NASDAQ:AAL) for 11,369 shares.

Insider Transactions: Since April 15, 2016, the stock had 1 insider buy, and 4 insider sales for $2.40 million net activity. Leibman Maya sold $363,432 worth of American Airlines Group Inc (NASDAQ:AAL) on Wednesday, September 14. SCHIFTER RICHARD P had bought 3,000 shares worth $96,390 on Monday, June 13. 40,000 shares were sold by GOULET – BEVERLY K., worth $1.36 million. Another trade for 692 shares valued at $28,580 was made by KIRBY J SCOTT on Friday, April 15.

American Airlines Group Inc. is a holding firm whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc. (American) and its regional subsidiaries, Envoy Aviation Group Inc. (Envoy), Piedmont Airlines, Inc. (Piedmont) and PSA Airlines, Inc. (PSA). The company has a market cap of $20.53 billion. The Firm has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Phoenix and Washington, D.C. It has a 3.62 P/E ratio. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, the Company’s airline operates an average of approximately 6,700 flights per day to over 350 destinations in approximately 50 countries.

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